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Google Spends $2.8 Billion on Research [INFOGRAPHIC]

Google Spends $2.8 Billion on Research [INFOGRAPHIC]

Lately, Google is doing better financially than Wall Street was expecting. Revenue is up and so are profits. The first earning report was just released by Google’s new CFO, Ruth Porat. Google’s profits are attributed in part to her effort to keep costs under control. “The slower growth in costs, along with suggestions from Ms. Porat that Google will try to be more forthcoming with investors — and may be open to redistributing some of the company’s cash pile down the line — suggested a new era of cooperation from a company that has historically had an antagonistic relationship with Wall Street,” writes Conor Dougherty in The New York Times.

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